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Current Affairs Quiz 6th January 2024

Directions for the quiz:

1. This quiz, that is the Current Affairs Quiz 6th January2024, is meant to be a check for your learning and is meant to serve as a tool for assessment.

2. Current Affairs Quiz 6th January2024 is designed to check your Current Affairs General Knowledge and provide you with an assessment of the same.

3. Each question in Current Affairs Quiz 6th January2024 followed by 4 options. Select the most appropriate option for the question.

4. Before you take this quiz, we would recommend to you to go through the article,Daily Current Affairs Today 6th January2024

 

1. Minimum Capital Adequacy Ratio Requirement for Small Finance Banks and Payment Banks

Question: What is the minimum Capital Adequacy Ratio (CAR) requirement for small finance banks and payment banks according to the RBI’s new rules?

  • A) 9%
  • B) 15%
  • C) 11.5%
  • D) 6%

Answer and Explanation

Answer: B. 15%

  • Explanation: The Reserve Bank of India has set the minimum Capital Adequacy Ratio at 15% specifically for small finance banks and payment banks.

 

 

2. ‘Gunotsav 2024’ State Preparations

Question: Which state is preparing for ‘Gunotsav 2024’ to assess the performance of students in government schools?

  • A) Kerala
  • B) Assam
  • C) Gujarat
  • D) West Bengal

Answer and Explanation

Answer: B. Assam

  • Explanation: Assam is gearing up for the fifth edition of ‘Gunotsav 2024,’ a statewide assessment program for students in government schools.

 

 

3. Purpose of ‘Bharat Park’ in UAE

Question: What is the purpose of ‘Bharat Park’ being established by the Indian government in the UAE?

  • A) To promote Indian tourism
  • B) To provide employment opportunities for Indians
  • C) To showcase and store Indian goods for a global audience
  • D) To facilitate cultural exchanges

Answer and Explanation

Answer: C. To showcase and store Indian goods for a global audience

  • Explanation: ‘Bharat Park’ is a dedicated trade zone planned by the Indian government in the UAE to display and store Indian-made goods for international buyers.

 

 

4. India’s Projected GDP Growth for FY 2023-24

Question: What is India’s projected GDP growth for the fiscal year 2023-24 according to the National Statistical Office?

  • A) 6.2%
  • B) 7.3%
  • C) 7.2%
  • D) 6.3%

Answer and Explanation

Answer: B. 7.3%

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  • Explanation: The National Statistical Office projects a 7.3% growth for India’s GDP in the fiscal year 2023-24.

 

 

5. Increase in India’s Foreign Exchange Reserves

Question: How much did India’s foreign exchange reserves increase by, reaching a total of $623.2 billion?

  • A) $4.471 billion
  • B) $2.759 billion
  • C) $1.869 billion
  • D) $2.75 billion

Answer and Explanation

Answer: B. $2.759 billion

  • Explanation: India’s foreign exchange reserves surged by $2.759 billion, reaching a total of $623.2 billion.

 

 

6. Theme for World Day of War Orphans 2024

Question: What is the theme for the World Day of War Orphans 2024?

  • A) “Children of Peace”
  • B) “Orphan Lives Matter” and “Standing Up for War-Affected Children”
  • C) “Protect the Innocent”
  • D) “Hope for Future”

Answer and Explanation

Answer: B. “Orphan Lives Matter” and “Standing Up for War-Affected Children”

  • Explanation: The World Day of War Orphans 2024 is marked with the themes “Orphan Lives Matter” and “Standing Up for War-Affected Children.”

 

 

7. UN’s GDP Growth Forecast for India in 2024

Question: What is the GDP growth forecast for India in 2024 as per the United Nations’ report?

  • A) 7.2%
  • B) 6.2%
  • C) 6.3%
  • D) 7.3%

Answer and Explanation

Answer: B. 6.2%

  • Explanation: The United Nations’ World Economic Situation and Prospects 2024 report forecasts India’s GDP growth at 6.2% for 2024.

 

 

8. MoU Renewal for Green Initiatives by Indian Railways

Question: Which organization has Indian Railways renewed its MoU with for green initiatives?

  • A) UN Environment Programme
  • B) Confederation of Indian Industry (CII)
  • C) Greenpeace
  • D) World Wildlife Fund

Answer and Explanation

Answer: B. Confederation of Indian Industry (CII)

  • Explanation: Indian Railways renewed its Memorandum of Understanding with the Confederation of Indian Industry (CII) for green initiatives.

 

 

9. SEBI’s New Executive Director Appointment

Question: Who has been appointed as the Executive Director of the Securities and Exchange Board of India (SEBI)?

  • A) Rashmi Shukla
  • B) G Ram Mohan Rao
  • C) N. S. Vishwanathan
  • D) Ajay Tyagi

Answer and Explanation

Answer: B. G Ram Mohan Rao

  • Explanation: G Ram Mohan Rao was appointed as the Executive Director of SEBI for a tenure of three years.

 

 

10. Cancer Drug Production Breakthrough by IIT Researchers

Question: Which institution’s researchers have engineered plant cells to produce a drug for cancer?

  • A) IIT Bombay
  • B) AIIMS
  • C) IIT Madras
  • D) IISc Bangalore

Answer and Explanation

Answer: C. IIT Madras

  • Explanation: Researchers from IIT Madras and IIT Mandi have engineered plant cells to produce camptothecin, a drug used for cancer treatment.

 

 

11. National Single Window System’s Purpose in India

Question: What is the purpose of the National Single Window System launched by India?

  • A) To manage medical device imports
  • B) To streamline the export of agricultural products
  • C) To facilitate online education
  • D) To promote digital payments

Answer and Explanation

Answer: A. To manage medical device imports

  • Explanation: The National Single Window System, developed by Tata Consultancy Services, is designed to streamline the process of importing medical devices into India.
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